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Gulfcoast Company purchased a van on January 1, 2025, for $910,000. Estimated life of the van was five years, and its estimated residual value was

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Gulfcoast Company purchased a van on January 1, 2025, for $910,000. Estimated life of the van was five years, and its estimated residual value was $93,000. Gulfcoast Company uses the straight-line method of depreciation. Calculate the book value of the van at the end of 2025 O A. $739,375 O B. $817,000 O C. $853,125 OD. $746,600 Gulfcoast Company purchased a van on January 1, 2025, for $910,000. Estimated life of the van was five years, and its estimated residual value was $93,000. Gulfcoast Company uses the straight-line method of depreciation. Calculate the book value of the van at the end of 2025 O A. $739,375 O B. $817,000 O C. $853,125 OD. $746,600

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